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March 18, 2009

Intuit GoPayment - Card Acceptance for Merchants on the Move

Intuit has introduced Intuit GoPayment - saying it "enables business owners to accept credit and signature debit card payments using their mobile phone and a QuickBooks Merchant Services Account." The new service supports an optional Bluetooth mag stripe reader or reader/receipt printer along with Quickbooks integration of the payments processed.

Cubic Announces Exclusive Licensing Agreement with VIVOtech

Cubic Transportation Systems has announced it is providing new capabilities for the Cubic designed Tri-Reader® to enable an all-in-one reader that will process bank cards, prepaid cards and smart card-enabled mobile phones through an exclusive software development and licensing agreement with ViVOtech, a provider of point-of-sale (POS) readers for contactless and Near Field Communication (NFC) mobile phone payments. READ MORE »

Merchant E-Solutions Adds Bill Me Later

Merchant e-Solutions (MeS) has announced the integration of Bill Me Later into its payment gateway, processing platform and web-based reporting system. This added capability offers e-commerce merchants access to the Bill Me Later payment option, one of the fastest growing online payment alternatives. READ MORE »

First Bank of Delaware Announces Lending Product for Prepaid Cards

First Bank of Delaware, a provider of prepaid card programs, has announced a new loan product – Simply Credit that will provide a credit line to those individuals who traditionally have had limited or no access to credit. READ MORE »

Wesabe's New Personal Finance Platform for Credit Unions, Banks

Social personal finance website Wesabe has announced the launch of Wesabe SpringBoard - making available a web-services-based version of its money management tools and community features to banks and credit unions. READ MORE »

Economic Perspectives from the Federal Reserve Bank of Chicago

The latest issue of Economic Perspectives published by the Federal Reserve Bank of Chicago has been published. This issue presents selected papers based on the proceedings of the Federal Reserve Bank of Chicago's eighth annual Payments Conference, Payments Fraud: Perception Versus Reality, held on June 5–6, 2008.

US Noncash Person-to-Person Market Reaches $1.1 Trillion in 2008

New research from TowerGroup finds that the gross dollar volume (GDV) of the U.S. noncash person-to-person (P2P) market in 2008 was $1.1 trillion in over 3 billion transactions. Checks are in decline, but they remain the most significant person-to-person payment method, amounting to over $1 trillion of the noncash P2P payments volume. READ MORE »

Headline News - March 18, 2009

Note: Throughout the day, as Payments News happens, this post is updated. For job opportunities available for payments professionals, visit PaymentsJobs.com. Employers looking to hire payments professionals can post their job openings there as well.

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